COMEDY WILDLIFE PHOTOGRAPHY AWARDS
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Why Its Good To Be Wrong
That human beings can be mistaken in anything they think or do is a proposition known as fallibilism. Stated abstractly like that, it is seldom contradicted. Yet few people have ever seriously believed it, either. That our senses often fail us is a truism; and our self-critical culture has long ago made us familiar with the…
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It Does Not Mean What You Think It Means
The interview in the post below with Daniel Kahneman got me going back over some old links that looked at the application of his and Amos Tversky’s ideas to trading and the chestnut I keep coming up against is the following question. You have been given a choice between either – a. $100 guaranteed, or b.…
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Two For One on Stupid Things People Do And Believe
Why Do We Believe Stupid Things – David Harding Why Do Smart People Do Foolish Things – Scientific American
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Well This Is Depressing
Age-Related Physiological Changes and Their Clinical Significance from Trading Game Pty Ltd However, it seems that there is nothing that cannot be ameliorated by diet and exercise.
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The Ignorance of the Crowd
In 1907, Francis Galton asked participants at a county fair to estimate the weight of an ox. While most individuals guessed rather poorly, the median guess was within 1 percent of the ox’s true weight. It’s not a mysterious finding, as some people guess high and others guess low. When the group gets large, these cancel out and…
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